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Crestwood, KY vs Murray, KY

92
Crestwood
Kentucky
VS
+25.3%
73
Murray
Kentucky

There is a significant gap in the cost of living between these two cities. Murray is 25.3% cheaper than Crestwood. With a cost index of 73 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Murray to Crestwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Crestwood is $1,100/month compared to $835/month in Murray — a 32% difference. Home values follow the same pattern: Murray is more affordable at $193,300 median vs $315,100.

Median household income in Crestwood is $101,086 compared to $40,348 in Murray (+150.5%). While Crestwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Crestwood spend roughly 13.1% of their income on rent, less than the 24.8% in Murray.

Income & Cost

Cost of Living Index
Crestwood
92
Murray
73
20% cheaper
Median Household Income
Crestwood
$101,086
60% higher
Murray
$40,348

Housing

Median Rent
Crestwood
$1,100
Murray
$835
24% cheaper
Median Home Value
Crestwood
$315,100
Murray
$193,300
39% cheaper
Population
Crestwood
6,275
Murray
17,888

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Crestwood $2.89
Murray
US $3.07
🥚
Eggs (grade A, large)
Crestwood $2.36
Murray
US $2.50
🥛
Milk (whole)
Crestwood $3.80
Murray
US $4.03
🍞
Bread (white)
Crestwood $1.75
Murray
US $1.85
🍗
Chicken breast
Crestwood $3.91
Murray
US $4.14
Electricity
Crestwood $0.15
Murray
US $0.19